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    <title>What are the provisions framed under the Income-tax law in relation to carry forward and set off of capital loss?</title>
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    <description>Unadjusted capital loss can be carried forward and thereafter set off only against income chargeable under the head Capital gains. Long term capital loss is adjustable only against long term capital gains; short term capital loss is adjustable against either short term or long term capital gains. Carryforward is available for a statutory limited period from the year of loss, and losses are eligible for carry forward only if the return of income for the year of loss is filed on or before the due date under section 139(1).</description>
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      <description>Unadjusted capital loss can be carried forward and thereafter set off only against income chargeable under the head Capital gains. Long term capital loss is adjustable only against long term capital gains; short term capital loss is adjustable against either short term or long term capital gains. Carryforward is available for a statutory limited period from the year of loss, and losses are eligible for carry forward only if the return of income for the year of loss is filed on or before the due date under section 139(1).</description>
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